- Posted by Alpesh Vora
- On October 8, 2018
- 0 Comments
- discount broker in india, Discount Broking india, market outlook in india, Stock Market
NIFTY FUTURE likely to trade in the range of 10,125 to 10,670 for the entire week. Last week NIFTY FUTURE has broken its 200 DMA so overall trend likely to remain weak however, pull back in NIFTY FUTURE is overdue so be careful and short only on rise.
Intraday trader should buy NIFTY FUTURE at the level of 10,270 for the target of 10,450. Keep strict stop loss of 10,200. Buying should be initiated only for pull back purpose.
NIFTY BANK likely to trade in the range of 23,900 to 25,200 for the entire week.
Intraday trader should sell NIFTY BANK on rise at the level of 24,800 for the target of 24,450. Keep strict stop loss of 24,950.